Norway's central bank leaves key rate unchanged

Norway's central bank announced Wednesday 3 November that its key interest rate would remain unchanged at a record low 1.75 per cent.

The Norwegian overnight lending rate would also remain unchanged at 3.75 per cent, Norges Bank said.

The bank said strong growth in the world economy had benefited from developments in the United States and China, but "the growth peak seems to have been passed, and there are prospects that growth among our trading partners will moderate. This is reflected in a de

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